Lamacchia Realty

APRIL 15, 2022

Sellers kept listing, albeit, at a much slower pace, and buyers were buying at the highest rate in over 15 years, absorbing inventory faster than ever. Low rates, even lower inventory, maxed out demand, and anemic supply remained the name of the game for well over a year until this past winter, when it truly plunged to incredible lows.

Marketing 66

Marketing Sellers Buyers Inventory 66

Will Springer Realtor

OCTOBER 10, 2023

At the same time, the number of homes going under contract (Pending sales) fell 11% (2087) for the month and 9.8% The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. months’ inventory, a figure not seen since January (also 2.6).

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Buyers Inventory Sellers Housing Market 64

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Appraisal Today

AUGUST 5, 2022

Two percent of newly originated mortgages were originated to subprime borrowers, a sharp contrast to the 12% average seen between 2003-2007.”. The market is shifting from a sellers’ paradise to one where buyers can now start making a few demands of their own. For more details and graphs, click here. To read more, click here.

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Appraisal Valuation Contracts Modernization 59

Will Springer Realtor

JULY 11, 2023

The slippage in listings under contract – which is currently at the third-slowest annual pace this century (after 2008 and 2009) – is a barometer for future sales. The construction industry is on pace to complete more than 1.51M units this year, which would be the highest total since 2007. This is nothing new.

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A The buying frenzy and low inventory we saw last year and will continue to see for better parts of this year may push buyers (specially if driven by bad advice from an unseasoned Realtor) to make bad decisions.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise. in April).

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Housing Market Marketing Inventory New Listings 36

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Properties are still going under contract. The market will see an influx of price drops and hikes due to low inventory and high demand.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

SEPTEMBER 8, 2021

That’s the most since 2007. There are no signs of a real estate crisis, particularly in the Puget Sound region, where prices keep rising – up about 20% the past year and 68% in Seattle alone since 2016, by one measure – amid a dearth of inventory and surge of buyers. A drying up of listings sent inventory figures lower.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

MAY 9, 2022

This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). ” The increased number of listings and slight slow-down of the market have helped boost inventory numbers. .

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Architecture Design Buyers Construction 36

Will Springer Realtor

MAY 12, 2021

>> The lack of inventory to keep real estate moving is confirmed with the latest data on U.S. The excess of inventory that occurred in 2007, 2008 and ’09, was an anomaly,” said Marci Rossell, former chief economist for CNBC. Total inventories were little changed from March to April. existing home sales.

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Real Estate Inventory Buyers Construction 36